Question

What is the journal entry credit purchase from mohan Rs 500

Answer 1

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Here is ur answer

Purchases A/C Dr. 500

To Mohan A/C 500

( credit purchases from Mohan)

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Answer 2

Answer

Purchase A/c            Dr     ₹ 500

     To Mohan's A/c                    ₹ 500

(Being credit purchase from mohan Rs 500 )